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Treasurer outlines Perrysburg budget outlook, says new Whirlpool investment will add modest revenue
Summary
The district treasurer reported improved cash balances after tax settlement, explained spending controls and capital planning, and said Whirlpool's planned $60 million investment may raise district revenue modestly but will not solve long-term funding shortfalls.
The Perrysburg Exempted Village School District’s treasurer gave a detailed fiscal update at the board’s April meeting, saying recent tax settlements improved cash balances but cautioning that structural funding challenges remain.
Key financial points presented included a year-over-year revenue uptick (reported as 5.4%) and expenses running roughly 2.7% lower than the prior year, primarily due to reductions and position control. The treasurer reviewed how…
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